Blackberry - All posts tagged Blackberry

Hmm, sort of. As Thomas Edison once said about the light bulb, “I didn’t fail 10,000 times, I just found 10,000 ways that didn’t work”. I’ve certainly put a lot of time, energy and money into app development and have almost merged with a couple other app-centric companies, but this is the first time we’ve out and out bought an existing site and app.

Hulbert: Twitter IPO top of a bubble? Mark says it’s not. Funny, see this that I wrote just last: Twitter IPO will signal top of the bubble - I wrote in that article that “Twitter’s recent IPO filing means we are definitely getting much closer to the top of the App Stock Bubble than we are to the bottom. In fact, I would expect that we’ll see the top of the App Revolution Stock Bubble just a few months after the Twitter IPO.”

The point is, this is the end of the road for the BBRY bears and shorts like me. I bought some short term Blackberry puts last week, and I’ll be selling the last of my BBRY puts tomorrow after this news settles. There’s no sense in trying to hope that a deal falls apart and there’s no sense in holding out til after the next earnings report, no matter how bad the guidance might be. Take your profits as a short and move on. And if you’re a long-suffering BBRY long shareholder, take the bid you’re gonna get when the stock re-opens and move on. There’s a whole App Revolution Stock Bubble happening creating billion dollar companies like Yelp, Zillow, Facebook, and LinkedIn while destroying Blackberry’s business that you could get on board with at some point.

Can RIMM stay relevant? – Jay Somaney discusses with his readers his concerns about whether RIMM can turn things around early enough to stay relevant, much less thrive again. And he’s long RIMM calls. Plus, what he thinks is keeping Yahoo! YHOO from being taken out asap.

Thomas wrote in a comment from my best of AppConsumer lists for iPhone, iPad and Android from earlier today: Hey, There are a lot of Blackberry users out here too. Can you provide a review on some stock trading apps and quote apps for Blackberry users? Thanks! Thomas Sure thing, Thomas: Top 4 Best Blackberry [...]

I’m never one to give much credence to analyst models, but I keep coming back to apps for one reason and one reason alone — it’s going to show huge growth. Maybe that’ll be reflected by 1000% growth in mobile advertising from 2009 or 2013, or maybe it’ll only be 500%. Or maybe 1500%. Who knows, but we do know that anything from 500% to 1500% growth in a half decade is the kind of markets that most companies and investors dream of. And you’ve got one right in front of you. And it’s not even in a bubble (yet?).

When you find the single largest target market in the history of the planet, it’s time to get excited — perhaps even consumed by apps. I’ve certainly been obsessed with all things apps since I started looking at the growth ahead and the ultimate size of a market that will entail billions of people using trillions of apps.

About The Cody Word

Cody Willard writes the Revolution Investing investment newsletter for MarketWatch and posts the trades from his personal account at TradingWithCody.com He is the founder of WallStreetAll-Stars.com and the principal of CL Willard Capital. Cody serves as an adjunct professor at Seton Hall University and is on the University of New Mexico Alumni Board. He was an anchor on the Fox Business Network, where he was the co-host of the long-time #1-rated show on the network, Fox Business Happy Hour. Cody, a former hedge fund manager, and his stock picks and economic outlooks have been featured on NBC’s The Tonight Show with Jay Leno, ABC’s 20/20, CBS Evening News, CNBC’s SquawkBox, Jon Stewart’s The Daily Show, as well as in the Financial Times, Wall Street Journal, New York Times, and many other outlets.